Bitcoin Blockchain and Cryptocurrency News Center
It took six months for BTC to surpass its all-time high of almost $65,000 reached in April. Now, with the cryptocurrency’s price already pushing toward $67,000, market analysts are setting even more bullish price targets, the CoinDesk reported on October, 20. Bitcoin’s latest rally to an all-time high price of above $66,000 has given rise […]
BTC price action may be struggling, but one analyst is hoping for a “sell-side liquidity crisis.” Bitcoin (BTC) available on exchanges is about to hit its lowest levels ever, the latest data shows. As noted by Ki Young Ju, CEO of on-chain analytics platform CryptoQuant, exchange reserves have returned to all-time lows last seen in early May. […]
The hunt to establish firm support higher up the $30,000 channel continues amid confidence that the worst of the longer-term retracement is already over. Bitcoin (BTC) briefly fell below $38,000 on Tuesday as signs of a retracement from range highs continued to flow in. Caution before BTC’s price swings lower Data from Cointelegraph Markets Pro and TradingView showed BTC/USD […]
The latest CME futures gap is filled within hours on Monday, with an attractive gap nearer $50,000 providing a frame of reference for bulls, the Cointelegraph writes. Bitcoin (BTC) traded at crucial support near $33,000 on Monday after a weekend of gains disappeared in hours. Bitcoin futures mark fresh price targets Data from Cointelegraph Markets Pro and TradingView showed […]
Bitcoin price climbed higher and it settled above the $34,000 level against the US Dollar. BTC is likely to continue higher if it settles above $35,000 in the near term, the NewsBTC predicts. Bitcoin started a fresh increase above the $33,500 and $34,000 resistance levels. The price is now trading nicely above $34,000 and the […]
Bitcoin price started a fresh decline after it failed to stay above $40,000 against the US Dollar. BTC is moving lower and it could even decline towards $35,000 in the near term, the NewsBTC predicts. Bitcoin started a fresh decline from well above the $40,000 pivot level. The price is now trading well below $39,000 […]
Stock markets and Bitcoin price took a slight hit after the Federal Reserve announced plans to increase interest rates twice in 2023, a tad bit earlier than markets expected. Bitcoin dropped closer to a key support level and the Dow and the S&P 500 pulled back after the Federal Reserve moved forward its plan for […]
Bitcoin would “surprise” the stock-to-flow creator if it fails to return to its forecast trajectory, with three years still to go until crunch time, the Cointelegraph writes. Bitcoin (BTC) can still hit an average price of $288,000 in the next three years, confident analyst PlanB has said after BTC/USD shed 7% on June 12. In […]
Deviation from the stock-to-flow average has always resulted in a reversal to new all-time highs, data shows. Bitcoin (BTC) spending over three weeks in the $30,000 range is proving a crucial test for one of its best-known price models. As noted by Philip Swift, co-founder of trading suite Decentrader, on Thursday, Bitcoin is issuing a major challenge […]
Bitcoin price is showing bearish signs and trading well below $40,000 against the US Dollar. BTC is likely to extend losses below $34,000 and $32,000 in the near term, the NewsBTC predicts. Bitcoin failed to settle above $40,000 and it started a fresh decline below $38,000. The price is now trading well below $40,000 and […]